It wouldn't surprise me at all. There have been lots of rumors here about the same thing for a long time. I would think it'd be in Canon's best interest to strike first and make it good. They certainly created room for one by moving the 5D up to $3500.

I'm curious, maybe I missed it, but where is the link to a rumor for a Canon low cost FF body.

I don't know if there were any rumours, but certainly people here were calling for a nice cheap entry-level FF (and at the time I jokingly said "crappy AF, low fps, rip out features like in-built flash to make it cheaper, and you've got a 5Dmk2".Seems I was right when Canon announced the 5D3 and said that the 5D2 would drop in price to be their "entry level" dslr (that's still 2nd-most expensive currently-available camera they make).

Nikon can't just do that to their D700, too much of a gap from 12-36MP, but more importantly they can't sell it in Japan for whatever battery-related reason. I don't see why they can't just redesign the D700 with a new battery and call it the D701 or whatever, I haven't read that link so maybe that's what they're doing (or are they going to bollocks the features to worse than D700 standard?)

While I'm waiting for the D800 to arrive from somebody, I did get the Canon 5d3 from Adorama fairly quickly (less than a month). Perhaps being overpriced has some advantage. Now if they could just figure out how to get the vertical grip delivered (I hear this Month?).

Actually the only reason I bought the 5D3 was that I was really waiting for what I call the 2DX. A full frame camera with 44 mpx, 2 digilogic 6 processors, USB 3, uncompressed HDMI out for digital recorders and field monitors, 1D style with the vertical grip built-in for around $4,500 (maybe $5,000). I think 6 fps is sufficient and of course the 1dX autofocus that the 5d3 already has.

I guess they could call it the 4DX. I at first thought it would be called the 3DX but then I realized that calling anything as the 3D anything might be misleading.... Unless they actually build a .....

I'm curious, maybe I missed it, but where is the link to a rumor for a Canon low cost FF body.

I do recall reading a rumor regarding a late summer/Photokinaish announcement of an entry level FF from Canon. If I am not mistaken, it was just a line under one of the 5d MkIII news... I have not been able to locate the link though. Maybe CR can help?